The Federal Reserve announced last week that it would purchase up to $100 billion in direct debt of Fannie, Freddie, and the Federal Home Loan Banks, along with up to $500 billion of mortgage-backed securities backed by Fannie, Freddie and Ginnie Mae, the government-sponsored enterprises at the center of the U.S. housing crisis. Mortgage rates […]

What should a potential buyer do and be aware of in the loan application process? Here are some points to consider.
1. A potential buyer is encouraged to work with a well established local lender in Summit County. These lenders know the intricacies of the area and will be able to offer straight talk form the […]